Australia’s First Spot Bitcoin ETF To Launch This Week
On Thursday, two separate bitcoin ETFs will launch, one allowing direct access to bitcoin while the other offers shares in a company that offers spot-bitcoin exposure.Two bitcoin ETFs in Australia are set to launch this Thursday, May 12. The 21 Shares Bitcoin ETF will offer direct access to bitcoin backed by BTC in cold storage. The Cosmos Purpose Bitcoin Access ETF will allow investors to invest in shares of Purpose Investment’s spot-bitcoin ETF located in North America. Two bitcoin exchange-traded-funds (ETFs) are set to go live on Thursday in Australia after a delay stalled....
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21Shares is set to become the first issuer to launch a spot bitcoin ETF in Australia after Cosmos announced its de-facto fund of funds.
Australian investors will be able to trade its first Bitcoin spot ETF starting next week when the Cosmos Asset Management Bitcoin ETF launches on ASX Clear. Financial regulators have greenlit Australia’s first Bitcoin ETF to begin trading on April 27 and the Australian Financial Review reports it could see up to $1 billion in inflows.An ETF is a regulated exchange traded fund that allows investors to benefit from the price of Bitcoin (BTC) without needing to own any coins themselves directly.Cosmos Asset Management beat out local contenders VanEck, BetaShares, and EFT Securities to issue....
The Australian fund would invest in shares of Canada’s first bitcoin spot ETF, launched by Purpose Investments in early 2021.
Australia isn’t stepping on the brakes this time as it took a huge step of enlisting their first ever ETF to invest in Bitcoin and Ethereum. And it’s going live on April 27. 21Shares and ETF Securities have recently teamed up to launch two funds that are to be listed in Australia’s CBOE Exchange Trading […]
Three cryptocurrency exchange-traded funds (ETFs) scheduled to launch on the Cboe Australia exchange today were delayed due to “checks” still being undertaken. The launch of Australia’s first three Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETF) scheduled for today, has been delayed as a result of further “checks” needing to be completed.The exchange listing the Bitcoin Spot ETF from Cosmos Asset Management, Cboe Australia, released a statement late Tuesday stating that “standard checks prior to the commencement of trading are still being completed” and a “further update will....